GDP growth in the year of 2020 as well as how and when the economic resumption would occur. Furthermore, the partial lockdown mandated in the last week of March 2020 resulted in a more pronounced
unprofitable business. Year 2020, our groups has encountered spread of coronavirus disease 2019 which causing slowdown in economic as effecting most businesses and industries. Management has changed their
. Industry Overview Overall economic activities in the first quarter of 2020 contracted from the prior last year. The Coronavirus disease 2019 (COVID-19) pandemic is continuing to evolve, resulting in an
pandemic has affected Thai economy an early on February 2020, which likely cause a continued changing and dispersed forecast of the GDP growth in the year of 2020 as well as how and when the economic
, together with lower revenues from matured branches from the slowdown in the country’s economic conditions and competitive landscape in the industry. However, revenues from branches in the ramp-up phase
, which decreased by Baht 38.94 million or decreased by 1.97%. This was mainly due to the decreased in export sales to the Middle East and African zone as these zones are facing economic problems. Therefore
measure (LTV). As a result, MK could maintain the sales of housing units at the same level as the previous year. However, MK’s gross profit margin was also impacted by the economic slowdown during the first
in capital expenditure. However, external demand softened as the value of merchandise exports grew at a slower pace. (Source: BOT Press Release No.3/2020 on the Economic and Monetary Conditions for
and The Middle East zones by Baht 55 million or increased by 26%. In prior year, these zones are facing economic problems. Therefore, during the last year, the company delayed sales transaction to
East zones by Baht 121 million or increased by 31%. In prior year, these zones are facing economic problems. Therefore, during last year, the company delayed sales transaction to several customers in the